5.644 Commercial Acres on OH-43 at I-76 in Kent, Oh. Previously hotel land that has been scraped. It sits behind the Marathon Gas Station that we are selling 5-27-20. 2 total parcels.
Lot Size: 5.5 Acres
Annual Taxes: $17,917
Lead AuctioneerBarry Baker
*This is not a foreclosure auction. The gas station in front of this parcel is.
*The property sells with reserve.
*The required deposit is 10% the day of Auction.
*In the case of an online purchase, the successful bidder will be required to directly deposit the required amount into the trust account of Ohio Sheriff Sales at any Chase Bank branch OR initiate a wire transfer to said trust account by 5:00pm the day of auction. Purchaser may also have the deposit charged to the credit card provided at the time of registration with a 4% processing fee added to the deposit amount. ACH deduction is also available with no additional cost by providing your bank account information to the PSO. This method is highly recommended. If deposit has not been made by 12:00pm the day following the auction, the credit card provided at the time of registration will automatically be charged along with the 4% processing fee.
*The real estate is sold As-Is with no contingencies. All inspections (if available) must be done prior to Auction.
*Close within 30 days.
*A 10% buyer's premium will be added to the high bid to obtain the final selling price.
*Buyer pays all closing costs.
*General Warranty deed given at closing with no liens or back taxes.
*Bid increment for Online Bidding is $1,000.
*When you place a bid, you can place a "Maximum Bid" and the software will bid for you in $1,000 increments. You will be notified by email and text if you are out-bid.
*Bid Extensions: If a bid is received within the last 5 minutes of the Auction end time, bidding will extend for a 5-minute period of time. Bid extensions continue until all bidding is exhausted.